SEC claims Binance spent commingled funds on $11M yacht

Declarations from the SEC allege that funds were withdrawn from Binance-controlled accounts to purchase an $11 million yacht and a plane.
Declarations from the SEC allege that funds were withdrawn from Binance-controlled accounts to purchase an $11 million yacht and a plane.
The SEC sued Coinbase on Tuesday for selling unregistered securities. So why did it allow the crypto exchange to go public in 2021?
An array of Gary Gensler-based memecoins have rallied in price, reaching incredible highs as SEC lawsuits against Binance and Coinbase unfold.
Europe Now, projected to win Montenegro’s upcoming elections, has been tarnished with claims that Do Kwon financed the political party.
The trader placed $100K in options bets against Coinbase on Monday morning. The company’s share price dropped nearly 19% just 24 hours later.